US October ADP employment +233K vs +114K expected ...Middle East

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US October ADP employment +233K vs +114K expected
Prior was +143Annual pay growth for job-stayers 4.6% vs 4.7% priorJob-changers' pay gains 6.2% vs 6.6% priorServices +211K vs +101K priorGoods +22K vs +42K priorUSD/JPY was trading at 153.00 ahead of this report and jumped 38 pips afterwards.“Even amid hurricane recovery, job growth was strong in October,” said Nela Richardson, chief economist, ADP. “As we round out the year, hiring in the U.S. is proving to be robust and broadly resilient.”The strength in the report was broad based led by education/health services with the lone exception a 19K decline in manufacturing jobs. This article was written by Adam Button at www.forexlive.com.

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